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SEGMENT REPORTING AND NET SALES (Tables)
 6 Months Ended
Jul. 28, 2024
Segment Reporting [Abstract]  
Summary of Segment, Reconciliation of Other Items from Segments to Consolidated
The following presents a reconciliation of the results of our Primary segment to our consolidated totals:
Three Months EndedSix Months Ended
July 28, 2024July 28, 2024
in millions
Primary Segment
Other
Consolidated
Primary Segment
Other
Consolidated
Net sales
$41,901 $1,274 $43,175 $78,319 $1,274 $79,593 
Operating income (1)
6,462 72 6,534 11,541 72 11,613 
Interest income and other, net
(84)(141)
Interest expense
573 1,058 
Earnings before provision for income taxes
$6,045 $10,696 
—————
(1)Includes intangible asset amortization expense of $51 million and $103 million for the three and six months ended July 28, 2024, respectively, in our Primary segment, and intangible asset amortization expense of $39 million for both the three and six months ended July 28, 2024 in Other.
Summary of Net Sales by Major Product Line
The following table presents our Primary segment major product lines and the related merchandising departments (and related services):
Major Product LineMerchandising Departments
Building Materials
Building Materials, Electrical, Lumber, Millwork, and Plumbing
Décor
Appliances, Bath, Flooring, Kitchen & Blinds, Lighting, and Paint
Hardlines
Hardware, Indoor Garden, Outdoor Garden, Power, and Storage & Organization
The following table presents net sales by major product line (and related services), as well as Other net sales:
Three Months EndedSix Months Ended
in millionsJuly 28,
2024		July 30,
2023		July 28,
2024		July 30,
2023
Building Materials$13,935 $14,268 $26,549 $27,261 
Décor13,591 13,863 25,935 26,567 
Hardlines14,375 14,785 25,835 26,345 
Primary segment net sales
41,901 42,916 78,319 80,173 
Other net sales (1)
1,274 — 1,274 — 
Net sales
$43,175 $42,916 $79,593 $80,173 
—————
(1) Represents SRS net sales since the acquisition date of June 18, 2024. See discussion above for information on the components of Other net sales.
Note: During the first quarter of fiscal 2024, we made certain changes to our merchandising department structure that realign certain merchandising departments across our major product lines. As a result, prior-year amounts have been reclassified to conform with the current-year presentation. These changes had no impact on consolidated net sales.
Summary of Net Sales, Classified by Geography
The following table presents net sales, classified by geography:
Three Months EndedSix Months Ended
in millionsJuly 28,
2024		July 30,
2023		July 28,
2024		July 30,
2023
Net sales – in the U.S.
$39,513 $39,191 $73,082 $73,698 
Net sales – outside the U.S.
3,662 3,725 6,511 6,475 
Net sales
$43,175 $42,916 $79,593 $80,173 
Summary of Net Sales by Products and Services
The following table presents net sales by products and services:
Three Months EndedSix Months Ended
in millionsJuly 28,
2024		July 30,
2023		July 28,
2024		July 30,
2023
Net sales – products$41,605 $41,361 $76,683 $77,249 
Net sales – services1,570 1,555 2,910 2,924 
Net sales
$43,175 $42,916 $79,593 $80,173